Centre for Effective Altruism launches pooled funds

The Centre for Effective Altruism (CEA) is trialling what it is calling Effective Altruism Funds. These are pooled funds that allow individual donors to split a donation across four funds, each supporting a different cause area – global health and development, animal welfare, long-term future, and the effective altruism community.

The funds are managed by experts, including programme officers from organizations like the Open Philanthropy Project, and allocated to the most promising giving opportunities in the particular area.

The funds, says CEA, offer a number of advantages: donations are guided by experts into investments that will maximize impact; they can be deployed more quickly than can big foundation funds; and the fact that they are pooled allows for a concentration of capital.

For more information https://app.effectivealtruism.org/funds

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